I have identified 8 problems that the majority of Black-owned businesses can identify with (1) Access to Capital, (2) Systemic barriers and Digital divide, (3) Exclusion from the Booming Digital Economy, (4) Lack of support and Mentorship, (5) Lack of Unity within the community, (6) Difficulty in Creating Generational Wealth, (7) Shadow banning and high cost of Web2 centralized platforms and Physical Commerce Decline, and (8) Distrust in Cryptographic Technology.
Some of them are obvious and conscious, but some other many of us are not even aware of those problems. Those requesting my services are very aware of problems 1, 2, and 7, (they have been denied loans or another type of funding and/or they lack customers, and they have tried many strategies in social media to attract them but the results are not satisfactory), however, 3, 4, 5, and 6 are external and internal factors that demand a change of mindset, which is more difficult to achieve in a short period if they have not been made conscious by the individuals and the community.
